I was looking at a club for rental today and came across the following paragraph (below). It reads to me like Avemco are marketing to flying clubs the benefits of renters insurance (and I imagine offering kickbacks) whilst expecting the renters to cough up the premiums. Ths strikes me as a back door way of clubs gaining extra coverage or worse, reducing their coverage and increasing the effort and cost for the renter. I can only say that I'd prefer to rent from an outfit where decent insurance was a fully inclusive part of the hourly rate and the deductible the only potential extra, without any whiff of insurance companies flogging coverage by dubious means. I also can't say I was enamoured by the suggestion that I'd be "liable for the damage incurred if someone else drove into the aurcraft after I'd parked it"
Anyone else feel the same?
We recently updated the rental minimums for our aircraft and became an Avemco insurance partner. If you haven't taken a look at the new minimums, check them out! Or download them here.
If you need renters insurance or to renew, click here to get it!
(remember our mins are: $10,000 for damage to aircraft all aircraft except SR22 which is $20,000, )
If any of you are wondering what this covers here is a short explaination. In the past we have asked that renters have coverage that only covers the deductable of our coverage. But we have found that minor prop strikes can result in the aircraft being off line for months. The aircraft owner is still responsible for their monthly payments and insurance payments during this time. With no income the numbers start to add up.
Keep in mind this insurance covers you where ever you rent. So it is not just a Justice Aviation coverage. With this coverage you can concentrate on your flying without the worries of what will I do if someone smashes the aircraft after I parked it.